Press release
Hard Seltzer Market Trends, Growth, Exponential CAGR, Effective Strategies And Overview, Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the hard seltzer market report by The Business Research Company, The rising consumer preference for carbonated beverages with reduced alcoholic content is expected to propel the growth of the hard seltzer market going forward. Carbonated beverages are drinks that include carbon dioxide dissolved in water, resulting in fizzing and bubbling. Carbonated water is mixed with alcohol and fruit flavors to make hard seltzer.
The global hard seltzer market size grew from $12.45 billion in 2022 to $14.65 billion in 2023 at a compound annual growth rate (CAGR) of 17.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The hard seltzer market size is expected to grow to $28.5 billion in 2027 at a CAGR of 18.1%.
Read More On The Hard Seltzer Market Report Here:
https://www.thebusinessresearchcompany.com/report/hard-seltzer-global-market-report
Major competitors in the hard seltzer market include Anheuser-Busch InBev, Barefoot Cellars, Blue Marble, Boathouse Beverage Co., Future Proof Brands LLC, Cutwater Spirits, High Noon Spirits Company, Kona Brewing Co., Lift Bridge Brewing Co., Smirnoff, Nauti Seltzer, White Claw, NÜTRL, Vizzy Hard Seltzer, Boston Beer Company, and Mother Earth Brewing Company
The Hard Seltzer Market Is Segmented -
1) By Type: ABV More Than 5%, ABV Less Than 5%
2) By Flavours: Cherry, Grapefruit, Mango, Lime, Other Flavours
3) By Packaging: Cans, Glass, Other Packagings
4) By Application: Hypermarkets And Supermarkets, Convenience Stores, Other Applications
5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the hard seltzer market.
Request A Free Sample Of The Hard seltzer market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5594&type=smp
Hard seltzer is an alcoholic beverage created from fermented grapes that are considered a better alternative to soda because it is gluten-free, low in calories, low alcohol, and low in sugar. It is a type of highball drink containing seltzer, alcohol, and often fruit flavorings.
The Table Of Content For The Hard seltzer market Include:
1. Executive Summary
2. Hard Seltzer Market Characteristics
3. Hard Seltzer Market Trends And Strategies
4. Hard Seltzer Market - Macro Economic Scenario
5. Hard Seltzer Market Size And Growth
......
26. Africa Hard Seltzer Market
27. Hard Seltzer Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hard Seltzer Market
29. Hard Seltzer Market Future Outlook and Potential Analysis
30. Appendix
The "Global Hard seltzer market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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